Washington Post | T. Boone Pickens says America's oil industry is 'dead in the water' Washington Post Since 1980, he recalled in an interview, he has watched oil prices plunge five times worldwide. Four of those times, he said, Saudi Arabia stepped in to cut its oil production, balance the market and bring prices up again. The fifth time — this time ... Even T. Boone Pickens doesn't see $100 oil |